Category: Public finance

UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts

Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’Andy Burnham has been warned by a leading thinktank of “very difficult trade-offs in the next autumn budget” if the Iran...

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‘Financial pandemic’: £1 in every £11 spent on UK public contractors goes to private equity

Almost £24.4bn of government money went to private equity-run firms in year to April 2025, Guardian analysis shows‘Treating children like cattle’: what happens when private equity takes over a UK care home?Nurseries, vets and...

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Labour has abandoned the missions that brought it to power. Here’s how Burnham could revive them. | Mariana Mazzucato

With a new prime minister incoming, Labour faces a fundamental question about its economic visionAs Keir Starmer stands down as prime minister and attention turns toward Andy Burnham, the current moment should not be reduced to...

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Labour has abandoned the missions that brought it to power. Here’s how Burnham could revive them. | Mariana Mazzucato

With a new prime minister incoming, Labour faces a fundamental question about its economic visionAs Keir Starmer stands down as prime minister and attention turns toward Andy Burnham, the current moment should not be reduced to...

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‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousA rise in borrowing costs and warnings to avoid a “Liz Truss moment”. As Keir...

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‘Doge of the left’ could save UK taxpayers up to £30bn, says new green thinktank

Report by Verdant says rooting out waste, fraud and tax avoidance would save money that could help improve public servicesA “Doge of the left,” could save up to £30bn a year for taxpayers by rooting out waste, fraud and tax...

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Labour MPs have no reason to oppose new welfare reforms, says minister

Pat McFadden unveils £1bn youth employment scheme and appeals for support from backbench MPs who rebelled over welfare last year Labour MPs have no reason to oppose a fresh government attempt to overhaul the welfare system, the...

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Rachel Reeves targets UK’s wealthiest in £26bn tax-raising budget

Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds Analysis: ‘Tax-raising budget crash-lands on struggling economy’Budget 2025: key points at a glanceBudget 2025: what...

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